Elcetricity Prices Rise 17.5% on Jan 2013

Bloody hell the UDP have after holding prices down due in part to the last elections have allowed BEL to raise prices a stunning 17.5%. This is going to raise the prices of all basic commodities and is going to be a burden on all citizens.

Belize Mills are raising the prices by 1bzd a sack which will of course raise the price of bread.

At this time Bowen and Bowen have yet to make a decision on their products.

All hotels who by law cannot claim back their GST payments will have to look at their prices as one of the main outgoings is electricity for air conditioners.

This has been in part due to rising costs of natural gas and oil in Mexico which is where we get 80% of our power.


Comments are closed.

%d bloggers like this: